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Academy Mortgage

Acquired by Guild Mortgage

Is this your company?

Manager - Anonymous employee Academy Mortgage Employee Review

1.0
Jan 3, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Location, Nice Office, Benefits, Environment

Cons

The entire company is not loyal to their employees. They are greedy and only looking for a way to make a buck. The corporate staff had to deal with constant layoffs while the company makes poor decisions like trying to get into business with First Mortgage for which they lost a lot of money but just turned around and Fired/Laid Off large amounts of staff to make up for their mistake. Unless you are a part of the good ol' boys club of C officers that all live in the same "ward" you're not going to last. If you're willing to work for a company that will take you for granted and turn around and push you out the door because they are trying to make it to the positive without anyone from the Executive Team taking any type of cut or sacrifice but have to make sure that they have what they WANT like a private plane or a few extra cars in the driveway. They'll look to sale because honestly that's the quickest way to make a buck for them and they'd sacrifice their staff any day of the week to make that happen.

Explore other reviews about Academy Mortgage

5.0
Mar 23, 2024
Recommend
CEO approval
Business Outlook

Pros

I loved the culture at Academy. The people were great,

Cons

There were no cons to working there

4.0
Feb 1, 2024
Recommend
CEO approval
Business Outlook

Pros

It's a good company overall, Great support systems for LO's like IT/Business support. CRM, Mobile app, Lead system. Very well organized and executed on the Corporate level. Good product offerings for in house and loans, lot of Jumbo loan correspondent options, and decent broker channels for non QM. Very solid in house support on processing, underwriting pricing flexibility. I think for more seasoned established LO's this can be a very great option of a company to work for. You can have all the freedom and autonomy in your day to day here you want. On the flipside you're never going to get any help sourcing/brining in business. So if you are a very capable self gen LO it can be great. If you're not, and just getting started in the business may be a slow go for you.

Cons

Your experience will vary by branch on culture fit, training and support. Starting as a new LO I do not feel I got the best training and guidance on how to properly establish and run your LO business. From others I have spoken to that have started out elsewhere they had much more training, development and support in the beginning. I think this does vary widely by branch, but from a corporate level I do not feel you get the same training other companies can offer. I think the corporate structure/ management levels are too overlayered. This does take effect on your pricing, and although decent, your never gonna be not worried when someone is shopping you.

4
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